Today: September 21, 2024
Today: September 21, 2024

Technology

Business|Finance|Stock Markets|Technology

KKR-backed OneStream prices US IPO above range to raise $490 million, sources say

Financial software maker OneStream, which is backed by private equity firm KKR, priced its U.S. initial public offering (IPO) above its indicated range on Tuesday,

KKR-backed OneStream prices US IPO above range to raise $490 million, sources say
Business|Technology

Boeing resumes deliveries of 737 MAX airplanes to China

Boeing said on Tuesday it has resumed deliveries of its best-selling 737 MAX airplane to China after a lengthy delay stemming from regulatory issues.

Boeing resumes deliveries of 737 MAX airplanes to China
Business|Technology

Philip Morris delays U.S. heated tobacco device pilot to fourth quarter

Philip Morris International pushed the test-launch of its heated tobacco device, IQOS, in the U.S. to the fourth quarter on Tuesday and lowered its annual forecast for the heated tobacco

Philip Morris delays U.S. heated tobacco device pilot to fourth quarter
Europe|Technology

Leonardo sees fighter jet project surviving UK defence review

A British defence policy review will not derail a multibillion- dollar fighter jet programme being developed by Italy, Japan and the United Kingdom,

Leonardo sees fighter jet project surviving UK defence review
Business|Technology

Rolls-Royce exploring technology for narrow-body jet market

Rolls-Royce is developing a smaller version of its Ultrafan engine demonstrator aimed at exploring technology for the next generation of narrow-body jets, CEO Tufan

Rolls-Royce exploring technology for narrow-body jet market
Business|Technology

Hackers leak documents from Pentagon IT services provider Leidos, Bloomberg News reports

Hackers have leaked internal documents stolen from Leidos Holdings Inc, one of the largest IT services providers to the U.S. government, Bloomberg News reported on Tuesday, citing a person

Hackers leak documents from Pentagon IT services provider Leidos, Bloomberg News reports
Business|Technology

How AT&T customers can protect themselves in the latest data breach

How AT&T customers can protect themselves in the latest data breach

How AT&T customers can protect themselves in the latest data breach
Political|Technology

Meta is lifting restrictions on Trump’s accounts

Meta is lifting restrictions on Trump’s accounts

Meta is lifting restrictions on Trump’s accounts
Business|Europe|Technology

Former Yandex chief Volozh returns with AI infrastructure venture after Russia split

Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence,

Former Yandex chief Volozh returns with AI infrastructure venture after Russia split
Business|Europe|Technology

Nokia reports 32% drop in profit but sees recovery in 2nd half

Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales

Nokia reports 32% drop in profit but sees recovery in 2nd half
Business|Technology

Tesla halted some production lines due to global IT outage, Business Insider reports

Tesla halted some production lines in Texas and Nevada due to the global IT outage, Business Insider reported on Friday, citing sources familiar with the

Tesla halted some production lines due to global IT outage, Business Insider reports
Business|Economy|Technology

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus

Tesla's second-quarter margin hit a more than five-year low, the electric vehicle maker is likely to report on Tuesday, and its CEO Elon Musk is expected to double down on

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus
Business|Technology

Google scraps plan to remove cookies from Chrome

Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet.

Google scraps plan to remove cookies from Chrome
Business|Technology

Beazley says has no plans to change guidance after mass IT outage

Insurer Beazley said on Tuesday it had no plans to alter its guidance in the wake of Friday's global IT glitch, which crashed an estimated 8.5 million Windows-operated devices,

Beazley says has no plans to change guidance after mass IT outage
Business|Technology

Windrose plans truck assembly in U.S. in rare move by Chinese EV firm

Chinese electric truck startup Windrose plans to set up a U.S. assembly plant for its semi-trucks for delivery there from 2025, directly challenging Tesla in its home market,

Windrose plans truck assembly in U.S. in rare move by Chinese EV firm
Business|Economy|Technology

FTC orders 8 companies to provide information on 'surveillance pricing' practices

The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics

FTC orders 8 companies to provide information on 'surveillance pricing' practices
Asia|Business|Finance|Stock Markets|Technology

Big tech in focus, Harris neutralizes Trump's lead in poll

A look at the day ahead in Asian markets by Alden Bentley Markets were subdued ahead of second quarter earnings from Alphabet and Tesla released after the close

Big tech in focus, Harris neutralizes Trump's lead in poll
Business|Economy|Finance|Technology

Tesla stock tumbles after its profit plunged

Tesla stock tumbles after its profit plunged

Tesla stock tumbles after its profit plunged
Science|Technology

OpenAI assigns new project to AI safety leader Madry in revamp

OpenAI Chief Executive Sam Altman said on Tuesday the ChatGPT maker's AI safety leader Aleksander Madry was working on a new research project, as the startup rejigs the preparedness team.

OpenAI assigns new project to AI safety leader Madry in revamp
Business|Economy|Technology

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
Business|Technology

Google's corporate parent still prospering amid shift injecting more AI technology in search

Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire

Google's corporate parent still prospering amid shift injecting more AI technology in search
Business|Finance|Stock Markets|Technology

TI beats quarterly profit estimates as chip demand turns steady

Texas Instruments beat analysts' estimates for second-quarter profit on Tuesday, powered by stabilizing demand for analog chips from markets such as personal electronics

TI beats quarterly profit estimates as chip demand turns steady
Business|Economy|Technology

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric

Tesla profit margins worst in five years as price cuts, incentives weigh
Business|Technology

Google parent Alphabet beats Q2 revenue, profit estimates on strong ads, cloud

Alphabet beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud

Google parent Alphabet beats Q2 revenue, profit estimates on strong ads, cloud
Business|Finance|Technology

BofA appoints insider Brunner as head of TMT investment banking, memo shows

Bank of America has appointed bank veteran Kevin Brunner as the new head of technology, media and telecommunications investment banking, according to a memo seen by Reuters and confirmed

BofA appoints insider Brunner as head of TMT investment banking, memo shows

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